General News
Transcorp, GE Partner for Improved Power Generation

Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to expand the capacity of TUPL’s Ughelli power plant by1000MW over the next 3 to 5 years.
Both parties have also signed a separate agreement to rehabilitate the damaged GT 15 turbine at the Ughelli plant, which will add 115MW to the plant’s output.
Currently, the Transcorp Ughelli power plant generates 360MW of electricity, up from 160MW on November 1, when Transcorp took ownership of the plant.
With the additional 115MW, as well as other rehabilitation works planned at the plant, output at Ughelli will increase to 700MW by December 2014.
The Ughelli power plant is Nigeria’s largest gas-fired electricity generation asset. Purchased by Transcorp during the 2013power privatization programme, the $300 million plant is part of the $2.5 billion investment pledge made by Tony O. Elumelu, chairman of Transcorp and Heirs Holdings, to deliver affordable, accessible power to Africa under the Power Africa Initiative.
Heirs Holdings, Elumelu’s pan-African proprietary investment company, is Power Africa’s largest private sector investor and a major investor in Transcorp.
The agreements were signed at a closed door meeting between executives of both companies, led by Elumelu and Jeffrey Immelt, global chairman of General Electric,. They follow a cooperation agreement executed by Transcorp and GE in 2013.
Commenting, Elumelu said, “We are very pleased to work with GE, a proven world leader in power technology development, on the Ughelli plant expansion project. With this, we’ve taken a bold step in fulfilling our promise to Transcorp’s stakeholders and the people of Nigeria. In a very short period of time, we have achieved significant impact – power production has more than doubled, and with this agreement, we will see increased output before the end of this year. We are confident that this partnership with GE will further accelerate the achievement of our goals in the power sector.”
Immelt said,“ GE fully appreciates the confidence expressed by Transcorp. We are happy to bring the considerable resources of GE to support Transcorp’s audacious vision for Nigeria’s Power industry. This partnership with Transcorp underlines GE’s deep commitment to developing the Nigerian power sector.”
A publicly listed conglomerate with strategic investments in the power, hospitality, business and energy sectors, Transcorp, through TUPL, is committed to transform and bring the plant to profitability by increasing its generating capacity to impact positively on the socio-economic development of Nigeria.
GE, one of the world’s most reputable companies is the global leader in the design, manufacture, supply, installation and maintenance of technology and services for the Power, Aviation, Oil & Gas, Healthcare and Transportation sectors.
General News
Nigeria to Launch 4 Satellites for Surveillance, Others

Federal Executive Council (FEC) has approved the launch of four satellites aimed at strengthening Earth observation capabilities and improving national security, according to Uche Nnaji, minister of Innovation, Science and Technology.

Uche Nnaji, minister of Innovation, Science and Technology
Speaking at the 22nd National Council on Innovation, Science and Technology (NCIST) in Abuja, Nnaji said the satellites include three Earth Observation models and one Radar Aperture satellite. The council meeting was held from 12 to 14 May under the theme: “Research, Develop, Innovate and Commercialise: A Cycle for National Prosperity.”
“Just last week, the Federal Executive Council approved that Nigeria launch four satellites—three Earth Observation satellites and one search satellite,” the minister said.
According to him, the Radar Aperture satellite will be capable of capturing images under various conditions, including nighttime and rainfall.
“The search satellite is the one that will pick images both day, night, during rain, every time of the day, and that is technology in play. The military can use it effectively,” he said.
Nnaji noted that this will reduce Nigeria’s reliance on purchasing data and imagery for monitoring remote areas like the Sambisa forest.
On policy development, he said an inter-ministerial committee is reviewing the National Science, Technology and Innovation Policy and working on establishing a National Research and Innovation Fund.
“As a country, we can no longer afford to ignore the widening gap between research and real-world impact,” Nnaji said. “For decades, valuable research conducted in our universities and institutions has remained underutilised, disconnected from industries and policy.”
He pointed out the challenges faced by young innovators, including a lack of structured support and financing to transform ideas into marketable products.
“Let this 22nd edition of NCIST mark the beginning of a new chapter, one where every research has a roadmap to industry,” he said.
Nnaji called for sustained efforts from researchers, private investors, and regulators to ensure innovations are protected and supported. “The government must build and enforce regulatory frameworks that protect, support, and incentivise innovation at every level,” he added.
He said the council’s resolutions would be forwarded to FEC for formal adoption and reaffirmed the ministry’s plan to restore the council’s annual meeting schedule after delays pushed the 22nd edition into 2025.
Esuabana Nko-Asanye, the ministry’s permanent secretary, described the meeting as a platform to promote inter-sectoral collaboration and address challenges such as insecurity, unemployment, and climate change. She said 109 memoranda were presented, highlighting proposals on issues like commercialising research, boosting funding for innovation, and building capacity in emerging technologies.
“The richness and diversity of these submissions underscore the growing recognition of science, technology and innovation as a cornerstone of Nigeria’s sustainable development,” Nko-Asanye said.
George Akume, secretary to the Government of the Federation, represented by Morris Mbaeri, said building a resilient innovation ecosystem is key to national development. “This cycle is very essential in addressing real-world challenges and unlocking long-term prosperity,” he said.
Azikiwe Onwualu, president, African University of Science and Technology (AUST), urged the government to increase research and development spending to 3% of GDP and proposed the establishment of more RDIC clusters that integrate academia, industry, and startups.
He said: “We should operationalise the National Research and Innovation Council Fund to coordinate RDIC efforts as envisaged in the STI policy.”
General News
Shell Reports 122 Percent Surge in Oil Spills from Nigerian Operations in 2024

Shell Plc has reported a significant 122% increase in operational oil spill incidents in Nigeria in 2024, driven largely by equipment failures and persistent sabotage, according to its newly released 2024 Annual Report and Accounts.
The company’s Nigerian subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), which operates the SPDC Joint Venture (JV), recorded 20 oil spill incidents exceeding 100 kilograms during the year up from just 9 incidents in 2023.
The report attributed the surge in operational spills primarily to defective pipeline clamps.
These clamps, which were locally manufactured and used in pipeline repairs after the removal of illegal connections, were found to have factory faults.
Shell confirmed that the manufacturer has since recalled the faulty batch, and SPDC has begun replacing the affected components.
As a result, the volume of operational oil and product spills spiked to 0.37 thousand tonnes, compared to just 0.005 thousand tonnes recorded in the previous year.
Two major spills one onshore along the Trans Niger Pipeline and one offshore at a terminal loading buoy accounted for 89% of the total volume.
SPDC JV has said it is implementing a comprehensive pipeline maintenance and replacement program aimed at reducing such incidents in the future.
Beyond equipment failures, Shell identified third-party interference and crude oil theft as a continuing challenge, noting that 81% of spill incidents in 2024 were caused by sabotage.
There were 84 theft- or sabotage-related spills totaling 2,000 tonnes of crude oil in 2024, compared to 139 such incidents amounting to 1,400 tonnes in 2023.
While the number of incidents declined, the volume spilled increased, indicating that larger-scale breaches may have occurred despite improved surveillance and protection measures.
Shell’s report highlighted ongoing efforts to combat vandalism and protect infrastructure.
The SPDC JV continued to deploy aerial surveillance, drone monitoring, and on-ground patrols to detect and respond to illegal activities and spills more rapidly.
Key anti-theft protection measures were further enhanced in 2024, including:
Reinforced wellhead and manifold cages
Use of anti-theft nuts
Upgraded CCTV systems and networking technologies
In addition, Shell reported ongoing collaboration with Nigerian government security agencies to maintain surveillance and secure the pipeline network and operational areas.
“SPDC JV continued to work closely with authorities to address third-party interference, particularly along our pipelines,” the report stated.
Shell reiterated its commitment to reducing environmental impact through proactive infrastructure upgrades and improved response systems, while also calling for stronger enforcement against crude oil theft and pipeline vandalism issues that have plagued Nigeria’s energy sector for years.
General News
NOTAP Urges South Eastern Entrepreneurs to Embrace Franchising as Business Model

Dr. Obiageli Amadiobi, director general and chief executive officer, National Office for Technology Acquisition and Promotion (NOTAP), has advocated Franchising as a sustainable business model for the South East entrepreneurs.

Dr. Obiageli Amadiobi, DG/CEO, NOTAP
She made this call during a one-day sensitization and unveiling of the NOTAP Franchising Guidelines for south east stakeholders and entrepreneurs for a successful franchising business.
The DG who was represented at the event by Mr. Emeka Orji, head of Department Corporate Planning (CP) Department, NOTAP, said that franchising business model had globally been proven to be successfully sustainable due to low business risks associated with it.
She defines franchising as a contractual business relationship between a licensor (the franchisor) and a licensee (the franchisee) that allows the business owner to use the licensor’s brand and methods of doing business to distribute products or provide services to consumers.
She added that in essence, the franchisee pays the franchisor for the opportunity to use his established business model and brand name in running his business.
Dr. Amadiobi said the essence of the workshop was not just organised to explore the possibility of adopting franchising as a strategic platform to transform local dreams into national and global business realities.
She described the programme as an opportunity for business owners and intending entrepreneurs from the Zone to latch into the huge and untapped potentials provided by franchising business models in becoming business and brand ambassadors.
With over 800,000 franchise establishments across the globe, generating trillions in revenue, she described Franchising as a pathway to economic empowerment.
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